Asia / Oceania
Holcim New Zealand has surplus in tough year
Apr, 17 2012
(New Zealand) -- Holcim New Zealand has announced that it has managed an after-tax surplus of $8.27 million after withstanding tough conditions last year.
The company said that the construction sector remained suppressed last year.
The company’s total revenue for the year to December 31 fell 1.55 per cent to $260.87m from $264.98m the year before. Cement sales also fell, while sales of concrete by volume were steady. Sales of aggregates fell, by volume.
The company has about 500 employees across its 40 sites and subsidiaries and associates in New Zealand.
Holcim's formed partnerships in a number of projects that included pouring and placing concrete for the 23,000 sq m floor slab in stage three of the Fisher & Paykel Healthcare plant in Auckland. Another project was the Auckland District Health Board's six-level car park.
By: Rashmi Kalia (ARI-C NEWS)
The latest NAPA/FHWA survey of asphalt producers’ use of recycled materials and warm-mix asphalt finds that nearly a third of all asphalt produced during the 2013 construction season was produced using warm mix asphalt technologies. More
China’s National Development and Reform Commission has instructed the Jilin Province Price Bureau to impose fines totaling $19m on three cement companies for unlawful price fixing under the Anti-Monopoly Law. More